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Nifty 50 Index
Short

Nifty Outlook 4th October and Trade Setup

223
Nifty will test the channel support around 10800 and likely break it to test it's 200 DEMA at 10770. Important Resistance Levels (purple) and Support Levels (Green) are marked above in chart.

Trade Setup :-

CMP 10850

Short CMP or in 10900-930 zone

Stop loss 10985

Target of 10800 / 10770 / 10750 / 10735

All the levels mentioned above are spot.
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NIFTYnifty50niftyanalysisniftyfuturesniftyoutlookniftypredictionniftyshortniftytrendniftyviewTrend Analysis
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Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.